HashiCorp, Inc. (NASDAQ:HCP – Get Free Report) CMO Marc Holmes sold 13,916 shares of the stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $33.80, for a total transaction of $470,360.80. Following the transaction, the chief marketing officer now owns 4,368 shares in the company, valued at $147,638.40. The sale was disclosed in a filing with the SEC, which is available through this link.
Marc Holmes also recently made the following trade(s):
- On Monday, August 12th, Marc Holmes sold 13,916 shares of HashiCorp stock. The stock was sold at an average price of $33.66, for a total transaction of $468,412.56.
- On Wednesday, July 10th, Marc Holmes sold 13,916 shares of HashiCorp stock. The shares were sold at an average price of $33.46, for a total transaction of $465,629.36.
- On Monday, June 24th, Marc Holmes sold 13,728 shares of HashiCorp stock. The shares were sold at an average price of $33.48, for a total transaction of $459,613.44.
- On Thursday, June 20th, Marc Holmes sold 11,926 shares of HashiCorp stock. The shares were sold at an average price of $33.26, for a total transaction of $396,658.76.
HashiCorp Stock Down 0.1 %
Shares of NASDAQ:HCP traded down $0.02 during trading on Wednesday, hitting $33.84. 597,316 shares of the stock traded hands, compared to its average volume of 3,366,791. The company has a market cap of $6.87 billion, a price-to-earnings ratio of -35.19 and a beta of 1.25. The company has a fifty day moving average price of $33.69 and a two-hundred day moving average price of $31.27. HashiCorp, Inc. has a 52-week low of $18.91 and a 52-week high of $34.05.
Institutional Investors Weigh In On HashiCorp
Institutional investors have recently added to or reduced their stakes in the stock. American Capital Advisory LLC acquired a new stake in HashiCorp in the 2nd quarter valued at $40,000. Advisors Asset Management Inc. grew its stake in HashiCorp by 43.0% in the 1st quarter. Advisors Asset Management Inc. now owns 3,194 shares of the company’s stock valued at $86,000 after acquiring an additional 961 shares during the period. Covestor Ltd grew its stake in HashiCorp by 12,888.9% in the 1st quarter. Covestor Ltd now owns 3,507 shares of the company’s stock valued at $95,000 after acquiring an additional 3,480 shares during the period. Quest Partners LLC grew its stake in HashiCorp by 9,736.1% in the 2nd quarter. Quest Partners LLC now owns 3,541 shares of the company’s stock valued at $119,000 after acquiring an additional 3,505 shares during the period. Finally, Vanguard Personalized Indexing Management LLC acquired a new stake in HashiCorp in the 2nd quarter valued at $208,000. Institutional investors and hedge funds own 87.83% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages recently commented on HCP. StockNews.com began coverage on shares of HashiCorp in a research report on Friday, September 6th. They issued a “hold” rating for the company. Citigroup started coverage on shares of HashiCorp in a research report on Tuesday, September 3rd. They set a “neutral” rating and a $35.00 price target for the company. Piper Sandler reissued a “neutral” rating and set a $35.00 price target on shares of HashiCorp in a research report on Friday, August 30th. Finally, JMP Securities reissued a “market perform” rating on shares of HashiCorp in a research report on Thursday, June 6th. Twelve research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $32.08.
Check Out Our Latest Stock Report on HCP
About HashiCorp
HashiCorp, Inc engages in the provision of multi-cloud infrastructure automation solutions worldwide. The company offers infrastructure provisioning products, including Terraform, that enables IT operations teams to apply an Infrastructure-as-Code approach, where processes and configuration required to support applications are codified and automated instead of being manual and ticket-based; Packer, that provides a consistent way to define the process of transforming the raw source inputs into a production worthy artifact, across any environment or packaging format; and Vagrant, that allows teams to define how development environments are set up.
Featured Articles
- Five stocks we like better than HashiCorp
- What Are Dividend Challengers?
- Goldilocks CPI Report Leads Market to Sell Off, Lower Lows Ahead
- The 3 Best Blue-Chip Stocks to Buy Now
- GameStop: Earnings Won’t Save It, Dilution Points to Trouble
- How to Evaluate a Stock Before Buying
- Dividend Aristocrats or Dividend Kings: Which Is Best for You?
Receive News & Ratings for HashiCorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HashiCorp and related companies with MarketBeat.com's FREE daily email newsletter.